U.S. Launches Trade Probe Into Brazil
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Brazil, Lula and Trump
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Differences between the two countries must be addressed through negotiation and mutual respect, not punitive measures.
He met with executives from Brazil and the US to discuss the tariffs imposed by Trump on Brazilian products as well as the trade investigation against Brazil launched by the US.
The Trump administration has launched a trade investigation into Brazil over unfair policies harming American workers, companies, and digital platforms.
The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.
RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro.
WASHINGTON: United States President Donald Trump launched his global tariff assault into overdrive on Wednesday (Jul 9), announcing a new 50 per cent tariff on US copper imports and a 50 per cent duty on goods from Brazil,
Brazilian President Lula da Silva threatens retaliatory tariffs against the US if President Trump imposes increased import taxes due to Bolsonaro's trial. Lula aims for negotiation but warns of reciprocal measures.
6don MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.